2011 Boss 302 Mustang ready for the road?

The rumors have started to catch on over the last few days, and now it seems everyone is expecting Ford to announce the release of the road-ready 2011 Boss 302 Mustang. After the Boss 302R Mustang was released earlier this year, it was only a matter of time before Ford cashed in on making this racing powerhouse legal on the streets.

The first mention of a possible road ready Boss Mustang was back in May, at the Ford Dealer Show in Concord, North Carolina. Mark Fields, President of FoMoCo's American Division, was on stage talking about what Mustang models were in the works next. He never said anything outright, but when mentioned that he could give a "little hint", a 1970 Boss 302 Mustang entered onto the stage behind him. Subtle enough?

Next, a SPEED channel announcer let slip some info about a road ready 2011 Boss 3o2 Mustang coming sometime in August. At the 2010 Grand-Am Continental Challenge in New Jersey two weeks ago, an announcer was commenting on the 302R Mustang at the race, and how the road-ready version for the general public would not be released until sometime in August. The video above features the footage when the announcer lets slip his "insider" information.

Now, we have a date and a place for the unveiling as well. The rumor is that this Friday, August 13th, Ford will announce the street legal 2010 Boss 302 Mustang at the Rolex Monterey Motorsports Reunion at Laguna Seca. The price is expected to be around $30,000 with a modified 2011 GT 5.0-liter V8 engine, capable of putting out an impressive 430 horsepower. Multimatic, Ford's Grand-Am racing partner, is also rumored to be building some of the parts that will be featured on this 2011 reincarnation of the Boss 302.